NEWS

AUCTION - 2023.03.13

【Results & Invitation to Consign】The 56th SBI Art Auction|Tokyo Contemporary: Redefined

Thank you for partaking in our "The 56th SBI Art Auction|Tokyo Contemporary: Redefined" sale held on March 11.
Auction result is now available on our website.
Total Sales: 797,789,500 JPY
Lots sold: 97.7%
Top lot was KUSAMA Yayoi’s “Pumpkin (B.H.T)” with a bid of JPY 172,500,000

Following artists marked their world records:
・IDA Yukimasa’s large sized oil on canvas “Picasso” fetched 55,200,000
・KOMATSU Miwa’s live-painted work “Blessings from the heavens, prayers to the heavens, reflecting off the surface of the water as the dragon swells” achieved the world record in US dollars (JPY 29,325,000)

YUN Hyong-Keun’s “UMBER-BLUE” attracted the most enquiries at the sale and showed a significant increase of over 10 times the lower estimate

The winning bid for the works by overseas artists such as Aboudia and Atanda Quadri ADEBAYO listed in Japanese auction for the first time, exceeded the upper estimate and demonstrated strong presence


>> Auction Result [Online Catalogue]
>> Auction Result [PDF]

◆Results Highlight
Price realized (JPY) includes buyer's Premium

LOT. 039 Hernan BAS

LOT. 039
Hernan BAS
Private Bouquet (8)
3,000,000 - 6,000,000 JPY
Price Realized 7,245,000 JPY


LOT. 044 Backside works.

LOT. 044
Backside works.
NO WAR - love & peace
4,000,000 - 7,000,000 JPY
Price Realized 18,975,000 JPY



LOT. 054 KATO Izumi

LOT. 054
KATO Izumi
Untitled
2,500,000 - 3,500,000 JPY
Price Realized 10,695,000 JPY


LOT. 055 IDA Yukimasa

LOT. 055
IDA Yukimasa
Picasso
12,000,000 - 22,000,000 JPY
Price Realized 55,200,000 JPY


LOT. 058 KUSAMA Yayoi

LOT. 058
KUSAMA Yayoi
Pumpkin (B.H.T)
70,000,000 - 130,000,000 JPY
Price Realized 172,500,000 JPY


LOT. 062 ISHIDA Tetsuya

LOT. 062
ISHIDA Tetsuya
Untitled
5,000,000 - 8,000,000 JPY
Price Realized 23,000,000 JPY


LOT. 070 LEE U-fan

LOT. 070
LEE U-fan
Correspondance
20,000,000 - 30,000,000 JPY
Price Realized 39,100,000 JPY


LOT. 071 YUN Hyong-Keun

LOT. 071
YUN Hyong-Keun
UMBER-BLUE
1,000,000 - 1,500,000 JPY
Price Realized 10,005,000 JPY


LOT. 085 Jean-Michel  BASQUIAT

LOT. 085
Jean-Michel
BASQUIAT Flexible
7,000,000 - 13,000,000 JPY
Price Realized 21,275,000 JPY



◆Upcoming auctions and deadline for consignment
The 57th SBI Art Auction|LIVE STREAM
Date: Friday, April 14, 2023 and Saturday, April 15, 2023
Deadline for consignment: Closed

The 58th SBI Art Auction|MODERN AND CONTEMPORARY ART
Date: Friday, May 26, 2023 and Saturday, May 27, 2023
Deadline for consignment: mid-March, 2023


Please request an estimate by clicking the following link.
>> Request an estimate

Please contact
SBI Art Auction
Tel: +81 3-3527-6692 FAX: +81 3-3529-0777
Email: ArtAuction@sbigroup.co.jp
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